Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
So we need to find the monthly payment pmt
Pmt=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 205000
R interest rate 0.056
K compounded monthly 12
N time 30
PMT=205,000÷((1−(1+0.056÷12)^(
−12×30))÷(0.056÷12))
=1,176.86...answer
Hope it helps
Answer:
0.14
Step-by-step explanation:
Using the poisson probability relation :
P(x = x) = (λ^x * e^-λ) ÷ x!
From the question ; mean, λ = 5 ; x = 3
Hence,
P(x = 3) = (5^3 * e^-5) ÷ 3!
P(x = 3) = (125 * 0.0067379) / 6
P(x = 3) = 0.8422375 / 6
P(x = 3) = 0.140
Answer:
150+12x=630
Step-by-step explanation:
The x represents the amount of months and it is multiplied by 12 because each month costs 12$. 150 have to be paid up front and this added to the monthly fee is equal to 630$
Answer:
(1, -7)
Step-by-step explanation:
the difference between -4 & 6 is 10 so you add 5 (half) to -4 or subtract from 6, this gives you 1
you do the same for -9 and -5, the midpoint for those being -7, I hope this helps
Answer:
x = 0.2(10^y/a).
Step-by-step explanation:
y = alog(5x)
y = log(5x)^a) By the definition of a log:
(5x)^a = 10^y
5x = (10^y) ^ 1/a
x = 0.2(10^y/a)
